Cameco Corp said it has agreed to sell its stake in the Bruce Power nuclear plant in Ontario to Ontario Municipal Employees Retirement System (OME.YY) for C$450 million.

Celestica Inc. posted a fourth-quarter profit of 12 cents a share, up from 4 cents. Adjusted earnings were 24 cents, which the company said was within its guidance of 20 cents to 26 cents a share. Revenue fell 4%.

Canadian Oil Sands Ltd. said fourth-quarter earnings fell to 40 Canadian cents a share from 45 Canadian cents and cash flow dipped to 81 Canadian cents from 86 Canadian cents.

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Canada Real Time provides insight and analysis into what’s making news in Canada, a country punching above its weight on the world stage thanks to its vast resources and strong banking sector. Drawing on the expertise of The Wall Street Journal and Dow Jones Newswires, we take a look at developments in fields ranging from business to politics to culture. You can contact the editors at canadaeditors@dowjones.com